American Art

Sale 2602

American Art

New York, Rockefeller Plaza

28 November 2012

Christie’s sale of American Art sale totaled $38,469,650/£23,851,183/€29,621,631, selling 72% by lot and 84% by value. The top lot of the sale was Edward Hopper’s October on Cape Cod, which achieved $9,602,500, setting a new record for the most expensive item sold to an online bidder at any international auction house.

Elizabeth Sterling, Head of American Art at Christie’s in New York comments: “The sale of Edward Hopper’s October on Cape Cod has set a new world record for the most expensive item sold online at any international auction house, realizing $9.6 million, underscoring collectors’ commitment to securing works of exceptional quality by American masters. In addition to Christie’s LIVE™, buyers in the bustling saleroom and on the phone also contributed to strong prices for 20th century works, including Georgia O’Keeffe’s Sun Water Maine, which achieved $2,210,500, Charles Ephraim Burchfield’s Golden Dream, which sold for $1,202,500, and Stuart Davis’ City Snow Scene, which double its pre-sale estimate, selling for $1,202,500.